The Market
Major planning applications in Westminster slump by over 40%
Brexit uncertainty and the resi market slowdown are quelling developers with grand plans, says Westminster Council
London’s super-prime market holds steady; pent-up demand building
Despite intense political uncertainty, transactions above £10m are only marginally down on last year, reports Knight Frank, and activity levels look to be on the rise as vendors over-compensate on pricing...
Talking Heads: Could Westminster’s latest policy shift reshape the PCL landscape forever?
As Westminster Council moves to limit the size of new homes to 150 square metres - the latest in a series of policy changes designed to temper the super-prime sector - we asked some of the most experienced…
The national average asking price is lower than it was a year ago; the first annual drop since 2011
It's "an early Christmas gift for buyers", declares Rightmove, as asking prices see the biggest November fall since 2012
Market Snapshot: Jersey’s HNW appeal channels prime price growth
HNWI influx drives an 84% jump in £1m+ residential property transactions
Government rejects call to cut VAT on listed building repairs
HM Treasury makes "deeply disappointing" arguments for keeping full-rate VAT on listed building repairs and alterations, says the Listed Property Owners' Club
Properties are taking six days longer to sell than they were a year ago
It takes an average of 102 days for a property to attract an offer, up from 96 days in 2017. In London, it takes an average of 171 days for a £1m+ home to go under offer...
‘There is definitely pent-up demand brewing’ in London’s property market
Douglas & Gordon reports a "large rise" in potential buyer registrations, and positive price growth at the upper-end of the market
The new ‘Urban Dorset’ could ‘rival Bristol’s economy’
The forthcoming merger of Bournemouth, Christchurch and Poole councils presents some big opportunities for property types, says Savills
New housing supply nudges up – but still falls short of the Government’s 300,000 target
2% more homes were added to the national supply in the year to March than in the previous year, reports the MHCLG
Super-Home Squeeze: Why Westminster is making a super-sized mistake
The council's latest policy change suffers from a serious case of rotten attitude, built on a foundation of class warfare, argues Trevor Abrahmsohn...
A Shore Thing: Mapping the coastal price premium
70% of prime waterfront properties acquired by UK buyers are used as a main residence, reports Savills